151
151
Dec 4, 2012
12/12
by
CNNW
tv
eye 151
favorite 0
quote 0
will america fall over the fiscal cliff? grover norquist, possible public enemy number one to the public, takes on robert reish after the break. time to deploy the boring-popcorn decoy bucket. then no one will want to steal the deliciousness. with a variety of tastes and textures only chex mix is a bag of interesting. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management alriwoah! did you get that? and...flip! yep, look at this. it takes like 20 pictures at a time. i never miss anything. is
will america fall over the fiscal cliff? grover norquist, possible public enemy number one to the public, takes on robert reish after the break. time to deploy the boring-popcorn decoy bucket. then no one will want to steal the deliciousness. with a variety of tastes and textures only chex mix is a bag of interesting. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on,...
109
109
Jun 24, 2012
06/12
by
CSPAN
tv
eye 109
favorite 0
quote 0
you cannot solve our fiscal problems, and you cannot avoid the fiscal cliff if you sign grover norquist's pledge. in solving our fiscal problems are opposite poles. today, he is making house calls around capitol hill. in an hour or so he will be in the office building to offer tutorials to house republicans on what his tax pledge means for the negotiations later this year. the bullets he is doing is a sign of weakness. his relevance has been openly question for the first time lately. he is in full damage control mode. more and more republicans are beginning to decide that they do not care what he thinks. more and more republicans are realizing that to solve our nation's fiscal problems, they cannot be part of grover norquist's army. a couple of weeks ago, lindsey gramm said he had crossed the rubicon on the need for revenues and a deficit deal. he urged his fellow republicans to join him in putting the needs for a grand bargain ahead of the pledge. never one to shy away from a flight with norquist said the well to do our ok paying some more taxes as long as they're going to pay down the d
you cannot solve our fiscal problems, and you cannot avoid the fiscal cliff if you sign grover norquist's pledge. in solving our fiscal problems are opposite poles. today, he is making house calls around capitol hill. in an hour or so he will be in the office building to offer tutorials to house republicans on what his tax pledge means for the negotiations later this year. the bullets he is doing is a sign of weakness. his relevance has been openly question for the first time lately. he is in...
114
114
Nov 28, 2012
11/12
by
CSPAN
tv
eye 114
favorite 0
quote 0
has been a lot of work on the fiscal cliff. we have talked about medicare savings that can improve and strengthen the program and address rising national health expenditures. we will have more to say on the issue of taxes. we are ecstatic to have senator durbin here today, who has played a fundamental role over the last several years. he has been part of every negotiation that has taken place. he is still an optimist. that is a sign of progress. he has had a long history of being a champion and advocate for the middle class. he has carried that advocacy in the budget negotiations. he was part of the supercommittee, this fiscal, the gang of eight, the gang of six -- almost every gang that has been involved in these issues. he has been a fighter for what is right and for having a plan that stands true to the values of the american people and the people who voted and waited in line for hours on end to vote -- people who want a fair shake out of washington. as a champion of that fair shake, i am excited to have senator durbin. >> n
has been a lot of work on the fiscal cliff. we have talked about medicare savings that can improve and strengthen the program and address rising national health expenditures. we will have more to say on the issue of taxes. we are ecstatic to have senator durbin here today, who has played a fundamental role over the last several years. he has been part of every negotiation that has taken place. he is still an optimist. that is a sign of progress. he has had a long history of being a champion and...
100
100
Nov 27, 2012
11/12
by
FBC
tv
eye 100
favorite 0
quote 0
companies trying to get a jump on the fiscal cliff. details and the oracle of all my speaking out on tax policy. next, i'll break down why warren buffett is just plain wrong. ♪ gerri: warren buffett is getting a lot of attention this week for his comments on the fiscal cliff . basically, the investing mobil says it rich people, that is people like him, should pay more in taxes. it sounds magnanimous. i believe the case he builds for higher taxes, well, the reasoning as a big hole in it. here is why. the contention that rich people will stop hiring is nonsense. we already know that more than a million americans to employ people and paying there taxes through there individual income-tax. according to the heritage foundation, the amount their taxes would rise would be equivalent to one employee salary. one person there would not hire. we will what is more, rinsed and young says these tax hikes would kill 710,000 jobs. buffett also says that rich people will stop investing. again, nonsense. when you tax something usually get less of it,
companies trying to get a jump on the fiscal cliff. details and the oracle of all my speaking out on tax policy. next, i'll break down why warren buffett is just plain wrong. ♪ gerri: warren buffett is getting a lot of attention this week for his comments on the fiscal cliff . basically, the investing mobil says it rich people, that is people like him, should pay more in taxes. it sounds magnanimous. i believe the case he builds for higher taxes, well, the reasoning as a big hole in it. here...
90
90
Nov 27, 2012
11/12
by
FBC
tv
eye 90
favorite 0
quote 0
but no deal in washington on this fiscal cliff. if you were there, how would you get a deal done, you can tweet us, we'll read the best answers at the end. but a lot of have you been getting mean with me, and personal insults, we will not tolerate it. -- but we will, because we don't get a lot, if we did we would show discretion. anything bad you have to say, send it to lou dobbs, -- kidding. >> meanwhile, white house morning that uncertainty over fiscal cliff tax hikes could keep holiday shoppers from spending. and katie said, mr. president look in the mirror, do something about it. right now know onus on republico make concessions on revenues. part of those consequences from elections were boein both sidesg a little, i see it just one way thus far. >> we have white house coming out with the economic numbers warning that middle class might not go out and spend on holiday gifts. neil: do you believe it? >> i don't. neil: all right, it would take a ama c truck and a thum thermonur reactioning to stop my wife. >> they are trying to u
but no deal in washington on this fiscal cliff. if you were there, how would you get a deal done, you can tweet us, we'll read the best answers at the end. but a lot of have you been getting mean with me, and personal insults, we will not tolerate it. -- but we will, because we don't get a lot, if we did we would show discretion. anything bad you have to say, send it to lou dobbs, -- kidding. >> meanwhile, white house morning that uncertainty over fiscal cliff tax hikes could keep holiday...
225
225
tv
eye 225
favorite 0
quote 0
. >> the fiscal cliff is fast approaching. >> the fiscal cliff is looming. >> the fiscal cliff it's looming, owe oh, yeah. >> stephen: oh, yeah, the fiscal cliff not to be confuse withed with the financial glory hole. unless congress comes up with a deficit reduction deal on january 1 there will be a trillion dollars in automatic spending cuts and the bush tax cuts expire which the congressional budget office says together could cause another recession. our only hope is that democrats and republicans in congress work together to find a compromise on tax cuts. in other words, we're all going to die. [ laughter ] now last week the democrats made the first move until this game fiscal chicken. >> the democratically-controlled senate passed a democratic bill renewing the tax cuts but only for people earning less than $250,000. >> the senate has approved a democratic tax plan that includes higher rates for high earners. >> stephen: wait, a second did they say the democrats passed a democratic plan? that can't be right. wait a second is this some kind of dream? let me check my totem. hold on one s
. >> the fiscal cliff is fast approaching. >> the fiscal cliff is looming. >> the fiscal cliff it's looming, owe oh, yeah. >> stephen: oh, yeah, the fiscal cliff not to be confuse withed with the financial glory hole. unless congress comes up with a deficit reduction deal on january 1 there will be a trillion dollars in automatic spending cuts and the bush tax cuts expire which the congressional budget office says together could cause another recession. our only hope is...
190
190
Dec 4, 2012
12/12
by
CNNW
tv
eye 190
favorite 0
quote 0
will america fall over the fiscal cliff? grover norquist, possible public enemy number one to the public, takes on robert reish after the break. who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. one more way quicken loans is engineered to amaze. ♪ is engineered to amaze. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. al
will america fall over the fiscal cliff? grover norquist, possible public enemy number one to the public, takes on robert reish after the break. who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. one more way quicken loans is engineered to amaze. ♪ is engineered to amaze. when you take a...
108
108
Dec 4, 2012
12/12
by
CNNW
tv
eye 108
favorite 0
quote 0
will america fall over the fiscal cliff? grover norquist, possible public enemy number one to the public, takes on robert reish after the break. let's say you want to get ahead in your career. how do you get from here... to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. ln fact, by thinking about where want your education to lead, while you're still in school, you might find the best route... leads somewhere you weren't even looking. let's get to work. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. i just finished a bowl of your new light chicken pot pie soup and it's so rich a
will america fall over the fiscal cliff? grover norquist, possible public enemy number one to the public, takes on robert reish after the break. let's say you want to get ahead in your career. how do you get from here... to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. ln fact, by thinking about where want your education to lead, while you're still in school, you might find the best route... leads somewhere you weren't even...
54
54
Nov 27, 2012
11/12
by
FBC
tv
eye 54
favorite 0
quote 0
cliff, grow an and this fiscal cliff, have a f twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and conder it carefully before investing. risk includes possible loss of principal. ♪ [ male announce] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. neil: all right, tell the truth, a lot of you were shopping at work today, cyber monday. but no deal in w
cliff, grow an and this fiscal cliff, have a f twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read...
255
255
Dec 17, 2012
12/12
by
CNBC
tv
eye 255
favorite 0
quote 0
regardless of whether or not we go over the fiscal cliff? >> from a gdp standpoint, i think, again, unless things really change significantly, i think we'll be lucky to get a 2% gdp in my opinion. >> tell me about your new firm, bob. x lr-8. what are you hearing what are you doing in terms of private equity? where are the deals that you see happening in the coming year? >> i've been focused mostly on midcap businesses and a lot of family businesses. it's amazing the number of family businesses now that are anxiously trying to monetize a portion of their business in anticipation of a higher tax rate. unfortunately, you know, they are also reaching a cliff because there is only so much time to try and find a buyer and match them up with a seller. there is an anxiety out there among these family-held businesses and privately held businesses, that they are trying to get some cash off the table. >> sure. and they want to get that 15% capital gains tax as opposed to something that's much higher next year. that's what we're seeing selling. >> exact
regardless of whether or not we go over the fiscal cliff? >> from a gdp standpoint, i think, again, unless things really change significantly, i think we'll be lucky to get a 2% gdp in my opinion. >> tell me about your new firm, bob. x lr-8. what are you hearing what are you doing in terms of private equity? where are the deals that you see happening in the coming year? >> i've been focused mostly on midcap businesses and a lot of family businesses. it's amazing the number of...
127
127
Dec 23, 2012
12/12
by
WJLA
tv
eye 127
favorite 0
quote 0
what does it have to doo with the fiscal cliff? they came very close to a deal between arafat and president clinton and it all fell apart when they realized he did not have the power in the street to sell a deal. it looks like john boehner does not have power instry to sell a deal. >> anything they get thrhrough the house will have to beone with democrats. not just with republicans cause we saw the caucus is divided on a lot of these issues that require a compromise. john boehner got endorsements on this plan. grover norquist dropped his tax opposition. boehner himself said many in his caucus were worried about primaries. >> grover norquist ds not have the power. essentially, he started to backpedadal on the meaning of the edge. it is absole nonsense. those conservaves do not owe their allegiance to grovover norquist. >> did he create something that he can no longer control? the power of the original tax plededge seems to ill resonate with many of these members. >> there are plenty of people who picked up that banner. i t think the
what does it have to doo with the fiscal cliff? they came very close to a deal between arafat and president clinton and it all fell apart when they realized he did not have the power in the street to sell a deal. it looks like john boehner does not have power instry to sell a deal. >> anything they get thrhrough the house will have to beone with democrats. not just with republicans cause we saw the caucus is divided on a lot of these issues that require a compromise. john boehner got...
156
156
Dec 9, 2012
12/12
by
CNNW
tv
eye 156
favorite 0
quote 0
i have been warning you about this fiscal cliff for months now. i call it the economic storm of our own making, but some of you think all the talk is overblown. will a failure by washington really mean catastrophe for the economy? i'm going to debate with richard quest, next. [ roasting firewood ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. >>> time now for q and a. three weeks left to do a deal and yet, lawmakers in washington -- promising to cut trillions, but republicans insist it could be done without raising taxes on the rich. president obama insists at a nonstarter. what happens if there's no deal? are we as some argue, maybing too much of the fiscal cliff deadline? would it really be a catastrophe to hit it, go over it, maybe for a little while. joining me now from london, richard quest, the host of quest means business on cnn international. i got 60 seconds. i'll go first. could be catastrophic if congress doesn't get a de
i have been warning you about this fiscal cliff for months now. i call it the economic storm of our own making, but some of you think all the talk is overblown. will a failure by washington really mean catastrophe for the economy? i'm going to debate with richard quest, next. [ roasting firewood ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. >>> time now for q and a....
178
178
Dec 4, 2012
12/12
by
CURRENT
tv
eye 178
favorite 0
quote 0
>> the fiscal cliff negotiations? >> stephanie: yes. >> i love that they don't include the tax cuts for the middle class or the expiration for the bush tax cuts for the top 2%. and they are like here is our offer. if you are going to make a deal at least deal something somebody actually wants. >> yeah. >> stephanie: serious plan. they are like they won the election. >> it is totally farfetched and they are like i don't understand why he doesn't want it. >> stephanie: all right. here she is, jacki schechner in the current news. >> good morning. we already know that ashley judd can show a much wider range of emotion that some. she has been taking steps to assess her options when it comes to running for office. she is doing opposition research on herself to see where she might be most vulnerable. mcconnell will be running for his sixth term another option is to run against senator rand powell in 2016. there is a briefings tomorrow on the september 11th attack on our console consoleate attack in benghazi they the talking
>> the fiscal cliff negotiations? >> stephanie: yes. >> i love that they don't include the tax cuts for the middle class or the expiration for the bush tax cuts for the top 2%. and they are like here is our offer. if you are going to make a deal at least deal something somebody actually wants. >> yeah. >> stephanie: serious plan. they are like they won the election. >> it is totally farfetched and they are like i don't understand why he doesn't want it....
95
95
Nov 11, 2012
11/12
by
CSPAN
tv
eye 95
favorite 0
quote 0
. >> moving ahead to the fiscal cliff. john boehner has reiterated that the newly elected house republican majority is opposed to raising tax rates. they're willing to accept new revenue under certain conditions. what is your reaction to that? them have signed? -- could that violate the pledge that most of them assigned to? >> if we had a recovery the strength of reagan's recovery, there would be 10 million more americans at work today. if we take reagan's path of less spending and regulation, he has a million more americans at work today than obama does. i would rather have his recovery and all the revenue that flows from that. if you grew 4% a year instead of 2%. the difference between growing from 4% instead of 2% is $5 trillion in additional revenue to the federal government. nobody is talking but raising taxes $5 trillion. why not focus to reduce rates, have lower taxes, it to get more growth. you actually net more additional revenue. >> it seems like john boehner is now willing to get that revenue not just from the e
. >> moving ahead to the fiscal cliff. john boehner has reiterated that the newly elected house republican majority is opposed to raising tax rates. they're willing to accept new revenue under certain conditions. what is your reaction to that? them have signed? -- could that violate the pledge that most of them assigned to? >> if we had a recovery the strength of reagan's recovery, there would be 10 million more americans at work today. if we take reagan's path of less spending and...
116
116
Oct 21, 2012
10/12
by
CSPAN
tv
eye 116
favorite 0
quote 0
. >> there's been a lot of talk about the fiscal cliff. the automatic spending cuts, the tax increases unless congress finds an alternative way to reduce the deficit. here we are before the election. what are the odds that you think you will find a way out of this mess? as opposed to going over the cliff? >> their decent odds. we will avoid a part of the fiscal cliff. and let me explain. with respect to the sequester part, the automatic, across-the- board cuts that take place on defense and non-defense, i think there's a good chance we could come up with something for a good period of time. there's a reasonable chance we can do that. when it comes to the tax issue, i think it is a potentially different story. we have been quick. and president obama has been clear. we want it to extend middle- class tax relief, months ago. republicans have taken the position that unless you extend a bonus tax break for wealthier individuals, then nobody gets a tax cut extension. and if republicans and here to that position, it is very likely they would then
. >> there's been a lot of talk about the fiscal cliff. the automatic spending cuts, the tax increases unless congress finds an alternative way to reduce the deficit. here we are before the election. what are the odds that you think you will find a way out of this mess? as opposed to going over the cliff? >> their decent odds. we will avoid a part of the fiscal cliff. and let me explain. with respect to the sequester part, the automatic, across-the- board cuts that take place on...
492
492
Nov 28, 2012
11/12
by
COM
tv
eye 492
favorite 0
quote 0
because we will all be going over -- >> that fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> that dreaded fiscal cliff. >> stephen: yes, the dreaded fiscal cliff. an unavoidable money will technology the razor-sharp financial rocks below. it all started back in 2011 during the showdown over raising our debt ceiling when republicans wanted spending cuts and obama wanted to raise taxes. which led to a budget crisis that congress solved by not solving it. (laughter) instead, they handed it over to something called "the supercongress" which couldn't fail because it was super. (laughter) unfortunately it was also congress so it failed. (laughter) and as a result -- (applause) as a result -- (applause) as a result, folks, we are facing another thing called sequestration which at first sounds like rationing the amount you can watch "sea quest." (laughter) but it's even worse than that. (laughter) sequestration is automatic spending cuts that both sides agree would trigger a new recession. it's like congress put a gun to the economy's head and swore it will pull the triger if congress doe
because we will all be going over -- >> that fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> that dreaded fiscal cliff. >> stephen: yes, the dreaded fiscal cliff. an unavoidable money will technology the razor-sharp financial rocks below. it all started back in 2011 during the showdown over raising our debt ceiling when republicans wanted spending cuts and obama wanted to raise taxes. which led to a budget crisis that congress solved by not solving it....
150
150
Nov 21, 2012
11/12
by
KQEH
tv
eye 150
favorite 0
quote 0
, where the economy goes off the broad fiscal cliff, the largest fiscal cliff, which, according the c.b.o. and our analysis, would send the u.s. economy into recession, i don't think the fed has the tools to offset that. >> susie: members of the audience agreed. >> he was very frank in saying, you know, "we can try," he essentially said, "we will try, but we don't have anything in our arsenal that comes close." >> susie: bernanke is already using the weapons in his arsenal to fix the job market, which he said today is still "unhealthy". he also repeated the fed's plan to keep interest rates super low at least into 2015. >> we will want to be sure that the recovery is established before we begin to normalize policy. we hope that such assurances will reduce uncertainty and increase confidence among households and businesses. >> susie: but bernanke gave no hints on when americans can expect to see higher rates. >> the further we go down the road, the question is going to turn to how is the fed going to reverse policy, and what the chairman said today is that decision is a long way off. >> su
, where the economy goes off the broad fiscal cliff, the largest fiscal cliff, which, according the c.b.o. and our analysis, would send the u.s. economy into recession, i don't think the fed has the tools to offset that. >> susie: members of the audience agreed. >> he was very frank in saying, you know, "we can try," he essentially said, "we will try, but we don't have anything in our arsenal that comes close." >> susie: bernanke is already using the...
187
187
Dec 4, 2012
12/12
by
CURRENT
tv
eye 187
favorite 0
quote 0
i think we could sell fiscal cliff saucers and helmets. >> sure. >> sell t-shirts at the fiscal cliff claifen. >> stephanie: there jim's catch phrase. >> charles productions. >> stephanie: a lot of people are equally irritated by grover norquist. he is on the meet the press, and i don't understand who he is why anything pays at attention to him. and why he gives the president of the united states instructions. the point is is there a cure chris? >> why yes. >> what it is? >> that grover norquist i can't speak. >> try this. >> norquill? >> yeah. norquill the shut the [ censor bleep ] up so we can get something done medicine. [ laughter ] >> stephanie: i didn't see that coming. i should listen it to first. >> yeah you really should. >> stephanie: i have a nephewture husband this morning. >> does he know? >> stephanie: no. well he does now, if you just give me a second here. >> does he know you are lesbianic. >> stephanie: no. jim stop being a [ censor bleep ]. we kept saying it is treasonist -- how do you sign a pledge to a guy? >> with no political authority of any kind. >> stephanie:
i think we could sell fiscal cliff saucers and helmets. >> sure. >> sell t-shirts at the fiscal cliff claifen. >> stephanie: there jim's catch phrase. >> charles productions. >> stephanie: a lot of people are equally irritated by grover norquist. he is on the meet the press, and i don't understand who he is why anything pays at attention to him. and why he gives the president of the united states instructions. the point is is there a cure chris? >> why yes....
182
182
Dec 21, 2012
12/12
by
FBC
tv
eye 182
favorite 0
quote 0
lou: let's turn to the fiscal cliff, speaking of things that aren't real and aren't sustainable. the way the white house and speaker john boehner and congress are proceeding, they have got to come p with a deal, it would seem, or we are going to 12 days be a wrap. >> they are doing this at the last minute as they so often do. what you are seeing is the state rattling. you and i both know to get a deal done, parties that can make a decision, get in a-determia-determi ner room and make a decision. this back-and-forth is the exchange of getting documents to lawyers and tell them to negotiate a deal. that doesn't happen. lou: do you think we're going to see the mortgage deduction removed? >> i seriously doubt it. that is foundational, also in the u.s. economy. there is some rattling in that regard, but i think the mortgage interest deduction is secure. lou: deal oro deal? >> i think it will be tough before christmas. there's a better chance by december 31, the risk of moving into janua. lou: and that is a risk to the market. >> yes. lou: great to have you with us. coming up next, the
lou: let's turn to the fiscal cliff, speaking of things that aren't real and aren't sustainable. the way the white house and speaker john boehner and congress are proceeding, they have got to come p with a deal, it would seem, or we are going to 12 days be a wrap. >> they are doing this at the last minute as they so often do. what you are seeing is the state rattling. you and i both know to get a deal done, parties that can make a decision, get in a-determia-determi ner room and make a...
167
167
Dec 11, 2012
12/12
by
CURRENT
tv
eye 167
favorite 0
quote 0
david, i want to drill down on even over this past weekend we heard the fiscal cliff is a cliff. no parachute. bad things happen if we go over it. i have never been persuaded of that. the payroll tax is likely to go up either way. the taxes in the healthcare bill will kickback in no matter what. sequestration could be remedied. is it in your view a slope, a cliff, what is the metaphor, and is there hysteria attached to this that is excessive? >> cliff is a problematic metaphor because it is not like the debt ceiling. it's not even like the government shutdown. you don't necessarily have an enormous market reaction. this is not like the country defaulting on its debt. but it's serious for two reasons. we don't know what the reaction could be. there it is a chance that it could spook the markets. the second thing, the combine pieces of this passage is a combined 4% of the gdp. if they went into affect and remained in affect not just for a couple of weeks but for the full year it's hard to see how the economy avoids a recession next year. it's not guaranteed but it's more than enoug
david, i want to drill down on even over this past weekend we heard the fiscal cliff is a cliff. no parachute. bad things happen if we go over it. i have never been persuaded of that. the payroll tax is likely to go up either way. the taxes in the healthcare bill will kickback in no matter what. sequestration could be remedied. is it in your view a slope, a cliff, what is the metaphor, and is there hysteria attached to this that is excessive? >> cliff is a problematic metaphor because it...
67
67
Dec 27, 2012
12/12
by
FBC
tv
eye 67
favorite 0
quote 0
>> forget the fiscal cliff. eric: forget the fiscal cliff, what about a container cliff and what that might do to the economy. a a nasty standoff between union workers and the companies could cripple the nation. unless two groups reach a deal, theyun planted strike down plano strike this weekend.if if the strike happened, some reports estimate for a billion dollars per day. >> there's no question, use the righte words, cripple the economy. the backbone of the trade on the export and import, eric. about $100 billion or more comes in and out where you have to have these strikes. co it is very devastating and could reverberate throughout thees country. food distributors, everybody would be affected by this strike if it goesrd forward. eric: what do the unions want and what is management willing to do, how far apart are these two groups? >> normally in a dispute with the unions it is about wages and benefits in this case it is not. what the unions are objecting to with reports i have been seeingu is new work rules a
>> forget the fiscal cliff. eric: forget the fiscal cliff, what about a container cliff and what that might do to the economy. a a nasty standoff between union workers and the companies could cripple the nation. unless two groups reach a deal, theyun planted strike down plano strike this weekend.if if the strike happened, some reports estimate for a billion dollars per day. >> there's no question, use the righte words, cripple the economy. the backbone of the trade on the export and...
119
119
Nov 18, 2012
11/12
by
CNNW
tv
eye 119
favorite 0
quote 0
first, nobody wants to go over the fiscal cliff. as you said, this implies a recession, it implies unemployment going up, and it implies us shooting ourselves in the foot at a time when the global environment is much more difficult. see what's happening in europe, in the middle east, in china. second of all, you just had an election, and one of the messages of the election was one of shared responsibility and fairer burden sharing, in which the rich have done extremely well not just on the outside but also in terms of being protected on the down side. finally, and more importantly, the economic arguments against this, while they would be valid at higher tax rates are not valid here. so if you look at the hand the president has, it is stronger than the republicans', and i think both of them will want to seek some sort of compromise. >> it sounds so reasonable. let's bring in steve warren. he's an editor at the wall street journal, a conservative. steven, do you agree, are the republicans ready to strike a deal with the president if i
first, nobody wants to go over the fiscal cliff. as you said, this implies a recession, it implies unemployment going up, and it implies us shooting ourselves in the foot at a time when the global environment is much more difficult. see what's happening in europe, in the middle east, in china. second of all, you just had an election, and one of the messages of the election was one of shared responsibility and fairer burden sharing, in which the rich have done extremely well not just on the...
116
116
Dec 3, 2012
12/12
by
MSNBCW
tv
eye 116
favorite 0
quote 0
what you're talking about is where we solve this fiscal cliff by creating another fiscal cliff down the road is totally immature. it lacks political courage. we know what needs to be done, and let's get it done over the next three weeks. the options are not going to change. >> would you call on your party not to mount that sort of opposition to the president if he specifies how he's going to restructure medicare? >> i think that both -- look, i have laid out in great detail very painful cuts to medicare. i just did it in a 242-page bill that i have shared with the white house, shared with boehner, shared with mcconnell, in order to move us beyond this silly debate that's taking place. the fact is, claire knows this and i know this. there are serious reforms that have to take place in medicare for our country to become solvent. >> well, we have to be careful. and you're right about this, david. what is really irresponsible, that $716 billion, that was low-hanging fruit. that was fluff in the medicare system, savings that we had to recover. and by the way, it's the same savings that was i
what you're talking about is where we solve this fiscal cliff by creating another fiscal cliff down the road is totally immature. it lacks political courage. we know what needs to be done, and let's get it done over the next three weeks. the options are not going to change. >> would you call on your party not to mount that sort of opposition to the president if he specifies how he's going to restructure medicare? >> i think that both -- look, i have laid out in great detail very...
123
123
Jul 1, 2012
07/12
by
CNNW
tv
eye 123
favorite 0
quote 0
storm is actually a cliff, a fiscal cliff. that is the expiration of some tax cuts, some of which you'll know as the bush tax cuts, and some other benefits on midnight on december 31st if congress does nothing. i don't know about you, but i am pretty concerned about what this all adds up to. if you're not, that's good for america. you'll keep spending and if i'm wrong, then i'm wrong. i'll wear that. but i'm not running for office. my job is to arm you with the truth about what is happening in this economy. people's futures are at stake and now more than ever you need to be informed. joining me to discuss our best line of defense against this storm is stephen moore, editorial writer for "the wall street journal." diane swunk, mohammed alarian, ceo of pimco, the world's largest investor in bonds. romney-obama, romney-obama. who cares? it truly doesn't matter who is going to become the president of the united states. because if they win, the things that have to be done to fend off this storm have got to be done in congress and n
storm is actually a cliff, a fiscal cliff. that is the expiration of some tax cuts, some of which you'll know as the bush tax cuts, and some other benefits on midnight on december 31st if congress does nothing. i don't know about you, but i am pretty concerned about what this all adds up to. if you're not, that's good for america. you'll keep spending and if i'm wrong, then i'm wrong. i'll wear that. but i'm not running for office. my job is to arm you with the truth about what is happening in...
213
213
Nov 20, 2012
11/12
by
CNBC
tv
eye 213
favorite 0
quote 0
cliff, the largest fiscal cliff, which according to cbo and to our own analysis would throw the economy into recession, i don't think the fed has the tools to offset that. that's why it is important for congress to address these fiscal issues soon. >> boom. that's where it was. you got that immediate market reaction. you were there. there was a reaction at the crowd too. >> everybody has agreed that was the one thing he said that was probably new information and market moving. and you saw the market move from down 17 on the dow to down 70 on the dow industrials pchl. >> just like that. how worried should investors be? let's find out on today's "closing bell" exchange. steve, are we making too much of this? you know, we know what kind of tools they have available. we know that monetary policy is often at odds with fiscal policy, right? >> with due respect, bill and maria, i think you are making too much of it. he said it before. i don't think there's been any expectation that given the size of the gdp hit that would come from the fiscal cliff, i would be surprised if the market really th
cliff, the largest fiscal cliff, which according to cbo and to our own analysis would throw the economy into recession, i don't think the fed has the tools to offset that. that's why it is important for congress to address these fiscal issues soon. >> boom. that's where it was. you got that immediate market reaction. you were there. there was a reaction at the crowd too. >> everybody has agreed that was the one thing he said that was probably new information and market moving. and...
250
250
Nov 15, 2012
11/12
by
CNBC
tv
eye 250
favorite 0
quote 0
and we've got this fiscal cliff, which will force action. i think they are pretty pitch saying the same thing. both of them are saying we have to have revenue. the president says, look, i want that revenue to be real. the only way i don't know fknow real for sure it to raise the tax rate. the speaker is saying there's a better way to do it. that's by reducing the spending in the tax code. i think he's probably willing to confine it to the top 2%. what we have to do is find that middle ground where we make sure so the president knows that we're going to get that money but we're going to get it in the most productive, economic way we can. >> the speaker's point is you don't want to be raising tax rates now at such a fragile time in the economy. we've already watched the stock market sell off, you know, 5% in the last week because of this uncertainty over where their tax rates are going. >> i am really worried that we won't get to a deal. i know we can get to a deal. i know how to get to the deal. we get there by taking some of the money from r
and we've got this fiscal cliff, which will force action. i think they are pretty pitch saying the same thing. both of them are saying we have to have revenue. the president says, look, i want that revenue to be real. the only way i don't know fknow real for sure it to raise the tax rate. the speaker is saying there's a better way to do it. that's by reducing the spending in the tax code. i think he's probably willing to confine it to the top 2%. what we have to do is find that middle ground...
98
98
Dec 27, 2012
12/12
by
FBC
tv
eye 98
favorite 0
quote 0
can we go over the fiscal cliff and not causing a recession? >> well, i think some people believe -- and i would argue that i think it is likely, president obama want the school to the fiscal cliff. gerri: i did hr you say that. why would you say that? >> because the next four years will be amess. a trillion dollars on higher taxes for obamacare, continued overspending because the president has refused to do any restraint spending, no entitlement reform, no trimming of spending. and the regulatory regime. the regulations that the obama people spent four years wriing. they have decided not to share them with us before the president got reelected. once his job was secure, he no longer had to care or pretend to care about your job. so now you have hundreds of billions of dollars of new regulations. maybe even more expensive than spending. gerri: i have to ask you this question. people talk to me about this all the me in new york city. they say higher taxes are grover norquist fault. he has not come to the table or been willing to negotiate. he is
can we go over the fiscal cliff and not causing a recession? >> well, i think some people believe -- and i would argue that i think it is likely, president obama want the school to the fiscal cliff. gerri: i did hr you say that. why would you say that? >> because the next four years will be amess. a trillion dollars on higher taxes for obamacare, continued overspending because the president has refused to do any restraint spending, no entitlement reform, no trimming of spending. and...
174
174
Dec 8, 2012
12/12
by
CNNW
tv
eye 174
favorite 0
quote 0
the fiscal cliff isn't catastrophic. congress's inability to ever foresee dangers and avoid them is. [ buzzer ] richard, you seem be bored by my answer. >> all right. so you want to play hardball. [ bell ringing ] you want to play hardball with international economics and see just what might happen. of course nothing will happen on january 1, the moment the fiscal cliff arrives. it's going to be a slow drip, drip, drip effect as people realize a slowing in spending, the taxes go up, consumers are worried. it won't happen overnight. there's going to be no dramatic over the cliff we go. instead, you will see an evaporation of confidence. you will see an evaporation of business decision-making. that is where the tumor and the cancer will begin. in the united kingdom we have just had higher borrowing numbers and lower growth forecasts. just last week the ecb came out with dreadful, dreadful numbers on how the euro zone is performing. recession this year and possibly next. and you want to play games with something as importan
the fiscal cliff isn't catastrophic. congress's inability to ever foresee dangers and avoid them is. [ buzzer ] richard, you seem be bored by my answer. >> all right. so you want to play hardball. [ bell ringing ] you want to play hardball with international economics and see just what might happen. of course nothing will happen on january 1, the moment the fiscal cliff arrives. it's going to be a slow drip, drip, drip effect as people realize a slowing in spending, the taxes go up,...
195
195
Dec 21, 2012
12/12
by
FBC
tv
eye 195
favorite 0
quote 0
with about 11 days to go before the so-called fiscal cliff, americans facing the biggest tax hike in history if the president and congress don't strike a deal did with talks now stalled, house speaker boehner right now zeroing in on the so-called fallback plan. chief congressional correspondent joining us with the report. >> this has been a heavy lift with numerous groups urging republicans to vote against speaker boehner's plan b, but with the economy less than two weeks from the fiscal cliff, they're trying to avoid a massive tax hike for everybody. >> the house housel asked today to be up to the senate and house to ask. >> securing more republican support, the house is voting on a separate measure to cancel next year's pentagon cuts as part of sequestration by slashing domestic programs. that has upset some house democrats did speak out these bills are not a plan, they are a ploy. these are bills to nowhere. in a deeply cynical move, so cynical, i have decided to offer another bill to put off some of the sequester. >> while the process moves forward, boehner has not given up hope
with about 11 days to go before the so-called fiscal cliff, americans facing the biggest tax hike in history if the president and congress don't strike a deal did with talks now stalled, house speaker boehner right now zeroing in on the so-called fallback plan. chief congressional correspondent joining us with the report. >> this has been a heavy lift with numerous groups urging republicans to vote against speaker boehner's plan b, but with the economy less than two weeks from the fiscal...
132
132
Nov 28, 2012
11/12
by
MSNBCW
tv
eye 132
favorite 0
quote 0
so it was a lack of progress on fiscal cliff talks that stalled stocks tuesday. so today we'll have to see what happens when goldman sachs ceo lloyd blankfein, brian roberts, and marissa mayer jin other corporajoin other corporate execs at a meeting with the president. >>> the beige book survey will be released. the best consumer confidence reading in nearly five years took investors by surprise yesterday. green mountain coffee perked up more than 20%. elsewhere, monster beverage got a boost from news that the fda is taking a closer look at the health effects of energy drinks. investors are betting a looming crack down on the industry may be overblown. >>> in the wake of apple's recent apology for the failings of its mapping app, a second employee has reportedly been fired. >>> more than 15,000 of these step 2 children's riding toys are being recalled because kids who lean too far forward on the seat can go over the handle bar. >>> consumer reports is out with its third annual naughty and nice list and it was nordstrom and kohl's that got thumbs up thanks to thei
so it was a lack of progress on fiscal cliff talks that stalled stocks tuesday. so today we'll have to see what happens when goldman sachs ceo lloyd blankfein, brian roberts, and marissa mayer jin other corporajoin other corporate execs at a meeting with the president. >>> the beige book survey will be released. the best consumer confidence reading in nearly five years took investors by surprise yesterday. green mountain coffee perked up more than 20%. elsewhere, monster beverage got a...
182
182
Nov 21, 2012
11/12
by
FOXNEWSW
tv
eye 182
favorite 0
quote 0
>>eric: we talk about fiscal cliff a lot. it is on america's mind, worried about the tax structure, are people pulling back because of what may happen in january? >>guest: people are looking for bargains. in the toy business what we see is good times and bad and the last time parents cut back is holiday present for kid so ever during the negative times in the fall of 2008 and 2009, our sales grew around the world. >>imus: are you worried about the fiscal cliff on a corporate legal? >>guest: they will solve it. that is my bet. the broader economic picture remains, but i am comfort with the business. >>eric: have you held back until we find out if we go off the fiscal cliff? >>guest: we cannot slight the business for another purpose so we hired 45,000 seasonal employees more than last year. >>eric: the president saved the lives of these turkeys so why is peta so upset. the answer will have you saying "i degree -- i beg your pardon." . is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on grou
>>eric: we talk about fiscal cliff a lot. it is on america's mind, worried about the tax structure, are people pulling back because of what may happen in january? >>guest: people are looking for bargains. in the toy business what we see is good times and bad and the last time parents cut back is holiday present for kid so ever during the negative times in the fall of 2008 and 2009, our sales grew around the world. >>imus: are you worried about the fiscal cliff on a corporate...